NBP won't release its reserves for budget

The National Bank of Poland's governor said the bank will not yield to the request of finance minister Grzegorz Kolodko, who had called on the NBP to release part of its foreign currency reserve and transfer the money to the state budget.

Source: Polish News Bulletin

The National Bank of Poland (NBP) is not going to give away any money from its revaluation reserve, but it may grant the state a loan, the governor of the central bank Leszek Balcerowicz told the Sejm Committee of Public Finance ye

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